Services Nevada Listing Contracts “The Windermere Way”

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Transcript of Services Nevada Listing Contracts “The Windermere Way”

Services Nevada

Listing Contracts“The Windermere Way”

2

Communication Log

Use this Communications Log to keep accurate notes on the transaction as it progresses through the listing process or you

can use the Communication log on

Windermere e-docs.

3

Seller’s PackagesNew File List

525 - Duties Owed 547 - SRPD 560 - Confirmation Regarding

Real Estate Agent Relationship 622 – Residential Disclosure

Guide ADHOAL - HOA addendum to

listing BCCA – Net/Cost Sheet CDWF – Construction Defect CHOR 1 – MLS Change Order

CTA – Consent to Act EARTS– Listing Agreement MDW – Mold Disclosure Optional Forms

TKAF – Tenant Key Authorization

Windermere Forms ACA - Additional Clauses

Addendum COOF – Windermere 3 page

counter offer

4

Document Checklist

5

New Listing

Check with your office to find out what you need to turn in to

your Broker for a new

listing.

6

Duties Owed

Make certain that your

client initials that you may

not act for both parties in

the transaction and make

certain that you are using

the latest form dated 10/01/05

7

Confirmation Regarding Real Estate Relationship

You will need to have your seller

complete this, but it will only be used in the transaction if

the GLVAR Purchase

Agreement is not used. It has a

Confirmation built into it (page 9).

8

Consent to Act

This form is used only if you

represent both sides of a

transaction. However, if the seller has stated on your duties

owed that you can represent both

parties, you must complete this with

your listing agreement.

9

Residential Disclosure Guide

The client will get all 15 pages of this

document, but you

must turn in only a copy of the last

page signed by the client.

10

Brokerage Listing Agreement

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Seller’s Real Property DisclosureMake certain that the Seller is the only one who fills this out…..don’t help beyond answering questions.

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More Seller’s Real Property Disclosure

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Addendum to Listing Agreement for CIC Properties

14

Construction Defect Disclosure and Waiver

Make certain that your

seller marks one of these

and then responds

accordingly.

15

Mold Disclosure/Waiver

Be certain that you

have your seller sign the new

Mold Disclosure/

Waiver.

16

Existing Loan & Insurance

17

Counter Offer #1 for a Windermere Listing

The form was designed specifically to overcome

the basic question

areas where contracts can vary

dramatically

18

Counter Offer #1

Make certain that you sign it as well as the seller(s).

19

Counter Offer #3

20

Windermere Additional Clauses Addendum

This one form will

soon replace

the 3 forms

that are currently

being used.

21

Instruction to Exclude Listing from the MLS

If the Seller for some reason

(staging, painting, moving, etc) needs

to keep the property off of the market for some time before the

listing period, be sure to have this form completed.

22

Instructions to Exclude Photo from the MLS

If for some reason your sellers do not want

photos in the MLS, make certain that you have them sign this form.

Otherwise, you will be fined for having no

photos.

23

Seller’s Net Sheet

Just as with the Buyers

Cost sheet there is a 3rd page with a

Glossary of Terms

24

Here is the new Walk Thru

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MLS Change Order

Use this form when you make a change in price, when you extend

the listing or when you have a

change to the terms and/or

conditions to the listing.

26

Here is a list from Appraisers outlining the value of upgrades

27

Frequently Called Numbers

28

Residential Purchase Timeline and Checklist

Whether you are

processing your own

transactions or using a transaction coordinator,

this new form is a priceless

addition to our forms.

29

Lead Base Paint Disclosure

If the house you are listing was built

before 1978, you will need to have

the seller complete this disclosure.

30

Road Construction Disclosure

If road construction is being done around the

house that you are listing, it would be a good idea to have the seller complete this

disclosure.

31

Electrical Transmission Line Disclosure

If there are large power lines close to the house you are

listing, you will want to have your seller

complete this disclosure.

32

Condominium Conversion Disclosure

If the condo that you are listing

has been converted, be

certain to have the seller include

this as a disclosure for the buyer along with

the other disclosures.

33

Methamphetamine Lab Disclosure and Waiver

If for some reason you

believe that the home you are

listing has ever been a meth lab, please have your seller complete this disclosure.

34

Asbestos Disclosure

If the house you are listing is old enough to have popcorn ceilings

or if pipes are wrapped, you will

want to have the seller complete this

disclosure.

35

Financing Addendum

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More Financing Addendum

You will use this when the

seller carries a first or a

second on the house.

37

Seller’s Multiple Counter Offer

If you receive more than one offer on a property,

be certain to do the Windermere 3 page

counter offer and attach this multiple counter

offer form as a part of it. This makes certain that the seller has the final acceptance to put the offer in escrow. It is normally the buyers

acceptance that approves the offer for escrow.

38

Waiver for SRPD

This waiver can only be used by

trustees, banks or lien holders who

have never lived in or seen the property.

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Here are pages 2 & 3 which disclose the terms of waiving the SRPD.

40

Tenant Key Disclosure and Authorization

If there is a tenant in the property, you will need to have

them authorize the use of a key box.

This is the form that they sign.

41

If you list vacant land, this is the listing agreement.

The third page of this is the same as page 3

of the regular listing

agreement.

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Here is the Vacant Land Disclosure to be completed by your seller

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Thank you for your attention and patience ---

Now go list those houses that your sellers want to sell!!!!

For more assistance, please go to Useful Information in your manual